LINKETH at a crossroadsGetting a little dicey going down into the 1 hour chart here. Looks like we have LINKETH going for a 3rd bounce of the bottom of the channel. 50 day MA and ICH cloud seem to be acting as resistance. The next day might give an opportunity for a short position. Time will tell. Not financial advise, so its not.
Techincal
#ASIANPAINT Bullish Divergence!!!#Asianpaint:- There is bullish divergence between price & it's RSI. Price perfecttly following the upward trendline and again taken support at trendline & Moving toward upside. The price respected the support level and persisted itself at the support level . The market is pulling back after testing the resistance and impulse move. I expect growth from the support level. Above 2810 my target will be 2965-- 3020--3230.
Small gambling put on the SPYJerome Powell gave good momentum in the market yesterday. I do not think this is enough to breakout of the bear trajectory. Market went emotional and soon reality will resurface. Inflation and interests are still high. Macro economics are not favourable. Money is still getting sucked out of the market. As time goes by, people have less money to invest because of higher prices. This is not really a pivot, interest rates are still expected to rise further. Maybe at a slower pace.. so what? Credit will still go more expensive. I went with a small gambling put on the SPY.
Noah Cloud Pattern - Ruff Times AheadI expect this will get very bad before getting even badder and then better before getting really really better again.
There will be red and green bars and lines and numbers at some point throughout the day, so buy if you want or sell.
I am not a financial advisor.
Bear Flag Retraced 39200 Support - confirmed downtrendAccording to how bitcoin moves, it must break through a support then retrace back to it in order to confirm the trend. Here we see bitcoin dropped past $39,200 support and has finally touched it again to close in the hourly. In this situation I am entering bearish trade position. I see a bear flag on the hourly, please comment below if you have further insight or price prediction! Nobody seems to know what’s about to happen I’m just following the trend and taking into account that MACD and RSI are not favorable right now. Short term BULLISH people will tell you to buy because they want to sell to YOU :)
Entry $39,200
Stop Loss $39500
Take Profit $29,500
bearish
* obviously bitcoin is bullish long term*
CHILIZ , CHZUSDT 1DAll supports and resistances are marked on the chart. As we can see, the price is in an important range and recommended to keep an eye on it ...
Follow our other analysis & Feel free to ask any questions you have, we are here to help .
📊 #ENJUSDT ( ENJIN Coin )
💹 Time Frame : Daily
🔵 Personal Opinion : HODL
👤 Saeid.Mahbob
📅 01.15.2022
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Could ETH be trading in a Channel? Eth looks like it's trading at the top of a wide, upward sloping, channel. The 20, 50, and 200 day moving average are all spaced apart and pointing upward confirming the uptrend, but the bearish divergence in the MACD is concerning. It's going to be interesting to see if price breaks above the tend-line into higher highs, or if it returns to the support trend line at the bottom of the channel. Only time will tell.
A Few LooksSomething very interesting is forming on the BTCUSD chart. However, it is all a matter of perspective. So lets take a few looks into what we might be seeing in front of us.
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BTCUSD appears to be in a falling wedge pattern at the moment, seen by the white lines. Traditionally, this indicates a bullish reversal for price action with a price target marked out by the white box at 47-51K. Equally, the bearish pennant from before our breakout may still be valid. This can be seen through the horizontal line at 30K and the downward resistance/turned support dotted red line. This situation would only occur if price drops rapidly from 40K back to the 34-36K range. Targets for the pennant are more severe with a target all the way down at 12K. This would also validate the massive head and shoulder pattern that might be forming on the BTCUSD chart.
See also some support resistance lines forming within these patterns inside the falling wedge or pennant (whichever it is).
Either way, we are close to a decisive move and I for one believe more in the falling wedge with looks to the upside above anything else.
NFA
RN
Stocks/Technical - NOKIdea for Nokia:
- LLR Elliot Wave determined for a speculated bullish rally.
- Double Bottom/Wyckoff Spring setup.
- ADX and trend showing strength, almost enough to confirm non-noise relevance:
GLHF,
DPT
Disclaimer:
We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities trading and investment involves high risk and that you can lose a lot of money. Loss of principal is possible. We do not recommend risking money you cannot afford to lose. We do not guarantee future performance nor accuracy in historical analyses. We are not registered investment advisors. Our ideas, opinions and statements are not a substitute for professional investment advice. We provide ideas containing impersonal market observations and our opinions. Our speculations may be used in preparation to form your own ideas.
$BTC Things to Consider the Following Days.Jerome Powell has suggested inflation is "likely to rise as the economy recovers". The question is, will BTC be seen as a inflationary hedge spurring up demand in the near term? Or, will we meet the red resistance line and face rejection? Lets see, but overall, economic circumstances as well as tastes and preferences have shifted and we are relatively early in this market cycle.
CAKE/USDT - descending broadening wedge projectionCAKE/USDT - descending broadening wedge projection
TUI share price. is it a buy?With the travel industry quite franky on its arse, but the egarly anticipated holidays everyone's waiting to go on, TUI with record booking numbers surely its poised for a break out?
BCTUSD TA Time, day 11-01-2021! Good day fellow traders!
If your way of Technical Analysis is strong...
Then the path will show its way...
(*Asian sound effects*)
Well, this is how the cookie crumbles, nothing goes up forever...
Short-Term:
Obviously bearish. Apparently lots of strong bears at this region. Symmetrical Triangle broke down.
Mid-Term:
Bullish trend. However, short-term patterns merged into a rising broadening wedge. Which has a high probability of breaking downwards. This might be a sign of the mid term correction and the beginning of the long-term correction. Waiting for retest support and confirmation of break outs. We want to see significant candles closing below the support to confirm a bearish break out.
Long-Term:
Still bullish, precise target unknown. Current estimated target 2021: 250K $
Currently waiting for a long-term correction.
If you have any questions, do not hesitate to leave a comment.
Good luck, be careful and may the trend gods be with you!
EURGBP | Will See Bearish Momentum!MAKE SURE TO SUPPORT THE IDEA BY SMASHING THE LIKE BUTTON!
Hello Forex Lions,
Today we are looking at EURGBP, it has been following a nice downtrend, which shows there is a lot of bearish momentum, also its very steadily moving just below the 20-50 moving averages.
I believe the downtrend will continue, unless something drastic comes out regarding fundamental news, which is very possible due to the virus. So stay low risk and enjoy the trade